{
  "id": 6850271,
  "title": "Charity founder says he secretly gave FTX fraud figure Caroline Ellison a job",
  "url": "https://urgent.news/2026/09/12/charity-founder-says-he-secretly-gave-ftx-fraud-figure-caroline",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-12T03:05:14.000Z",
  "source": {
    "name": "Business Insider",
    "slug": "business-insider",
    "url": "https://www.businessinsider.com/ftx-caroline-ellison-new-job-manifund-manifold-austin-chen-2026-9"
  },
  "original_language": "en",
  "account": "Caroline Ellison, previously CEO of Alameda Research, has taken a position at Manifund, a nonprofit organization. Austin Chen, the founder of Manifund, disclosed Ellison's new role in a Substack post. Ellison pleaded guilty to seven counts of fraud and conspiracy related to her role in misusing FTX customer funds. She testified against Sam Bankman-Fried, the founder of FTX, and served two years in prison. Manifund, which Chen co-founded, previously received backing from the FTX Future Fund. Ellison began a work trial on July 13 and transitioned to full-time employment on August 10. During this period, she worked under the pseudonym \"Carol.\" Manifund acknowledged using a pseudonym but acknowledged the compromise in transparency. Ellison's new position involves researching how to direct philanthropic dollars.",
  "summary": "\"I believe in redemption,\" Manifund CEO Austin Chen said of hiring Caroline Ellison",
  "key_points": [
    "Caroline Ellison secretly hired at Manifund charity",
    "Former FTX CEO Austin Chen disclosed Ellison's role",
    "Ellison pleaded guilty to fraud, served 2-year prison"
  ],
  "editors_take": "The move expands employment opportunities for someone with a felony conviction, but raises questions about vetting at a nonprofit backed by an entity now central to a major fraud case.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Inc.",
        "title": "The Founder Who Secretly Hired Caroline Ellison Says It Came Down to 1 Belief",
        "url": "https://urgent.news/2026/09/12/the-founder-who-secretly-hired-caroline-ellison-says-it-came-down-to",
        "published": "2026-09-12T19:25:36.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}